The pair - who have kids Lily-Rose, 13, and son Jack, nine together - announced their split in June after months of speculation and generous Johnny recently splashed out on the Mediterranean-style, Mulholland Drive home for Vanessa and the kids through a trust according to the New York Daily News.

According to real estate site Zillow.com, the five-bedroom 5,800-square-foot home features a wood-beamed ceiling, a pool and hot tub.

Speaking about the property, agent Christopher Westley, who was not involved in the sale, said: ''You can be on the Strip or at the studios in 10 minutes. The views of the city are beautiful but it's not in your face.''

Vanessa is believed to have embarked on a new romance with Millionaire French businessman Guy-David Gharbi after first meeting on a flight from Los Angeles to Paris in May.

A source close to Johnny and Vanessa said: ''The relationship coming to an end has been tough on both Johnny and Vanessa.

''What they care about more than anything is remaining a close family because their two kids are and always will be their main priority.

''But Vanessa and Guy-David have become close over the last few months and even though they are still taking things slowly, they are dating now. Guy-David's made his feelings clear for Vanessa but told her he's happy to give her all the time she needs.

''They've been going for quiet romantic dinners in Paris and just enjoying each other and having fun. It's been a very healing thing for her.''